Is Robinhood Shooting Itself in the Foot?
Robinhood continues to make headlines. The free online stock trading platform was forced to raise billions of dollars over the past several weeks to meet increasing capital requirements as the result of trading highly volatile stocks including GameStop and AMC Entertainment Holdings. However, some feel Robinhood is undermining its own mission, "To democratize finance for all."
On this clip from Motley Fool Live, recorded on Feb. 1, "The Wrap" host Jason Hall and Fool.com contributors Danny Vena and Keith Speights talk about an apparent conflict of interest that may hinder the company from achieving its ambitious goals.
Source Fool.com
